You are here
Home > More >

Nike Fights Growing Coronavirus Outbreak With China Playbook in Hand


Go to Source
Author: Danni Santana

Nike reported better than anticipated financial results for its fiscal third quarter, amid a global health crisis that stands to negatively impact key company markets in North America and Europe in the coming months.  The shoe and apparel maker generated revenue of $10.1 billion for the period starting December 1 and ending February 29, up 7% year-over-year on a currency-neutral basis. However, net income fell 23% to $847 million, primarily resulting from the global coronavirus pandemic. While a majority of […]

The post Nike Fights Growing Coronavirus Outbreak With China Playbook in Hand appeared first on Front Office Sports.


Go to Source
Author: Danni Santana

Top